Churchill Downs Closes Duo of Buy Deals

Churchill Downs Closes Duo of Buy Deals

The gambling establishment and racetrack operator possesses expanded a presence inside Illinois and even Pennsylvania with the addition of two qualities to her portfolio

Kentucky-based casino and even racetrack provider Churchill Downs Inc. carried out a coppia of exchange deals previous this week within the company’s often extend it is footprint inside key marketplaces across the United States and to cement itself being a leading operator of game playing properties and horse racetracks.

In a report from Ending friday, March main, Churchill Lows announced the main purchase of Woman Luck Modern casino Nemacolin for Farmington, Philadelphia for whole cash aspect to consider of $30, 000. Current information about the transaction’s closure arrived on the high heel of the crucial regulatory consent the modern casino and racetrack operator been given by the Pd Gaming Regulate Board early on this week.

Churchill Downs offers thus assumed management from the property just after acquiring specified assets in connection with its administration from compete with Eldorado Destinations. Lady Luck Casino Nemacolin opened entry doors in 2013. The property options 600 slots and 29 table games.

Churchill Downs paid for the Lady Lady luck property as the condition for that closure of a previously published deal to order Presque Department Downs & Casino inside Erie, Pennsylvania from Eldorado Resorts to get total dollars consideration of $178. […]